Crushing Debt

If you have built up your emergency fund, nice work! If not, there is still time to do so.

However, what can you do if you need to use it and those funds run dry?

Shawn & George discuss an article written by Quentin Fottrell for MarketWatch.com titled "Living paycheck-to-paycheck has become the norm: Inflation takes its toll on American finances as emergency funds run dry." You can find the article here: 'Living paycheck-to-paycheck has become the norm': Inflation takes its toll on American finances as emergency funds run dry - MarketWatch

Some options:

• Don't take on too much debt (of course, if you could do that you would be able to avoid paycheck-to-paycheck; and
• Have people help you to get out of debt (whether by helping financially or even just giving advice).

We also discuss some signs that you might be nearing bankruptcy, and some ways to fight inflation.

As today's episode is released, Shawn will be speaking at his sons' elementary school for the Great American Teach-In, which means Thanksgiving is approaching. Be sure to check out next week's annual Thanksgiving episode!

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

What financial topics would you make sure business owners knew and understood before opening their businesses?

Back in Episode 330, we talked about the Personal Finance Education Bill (HB 1054) that became law in Florida as of July 1, 2022, and requires a financial literacy course as a prerequisite to high school graduation. In that episode Shawn & George designed the perfect personal financial course!

We thought it would be fun if, after designing the perfest personal financial course, if we got a call from Governor Ron DeSantis to design the perfest business financial course!

We go through curriculum items like:

• Reading and understanding your Balance Sheet, Profit & Loss, Cash Flow, and other financial statements;
• Understanding the different types of loans and loan documents;
• Having an exit plan;
• Separating business and personal funds (maybe using the Profit First system);
• And other syllabus items!

After listening to the episode, do you agree? What would you include or exclude? Can you connect us with Governor DeSantis? Or please just share this episode with your friends!

You can listen to episode 330 here: https://yesnerlawpodcast.libsyn.com/the-perfect-personal-finance-education-class-episode-330

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

What is the charitable gifting of real estate?

Who would give away their valuable real estate?

Is the charitable gifting of real estate only for the super wealthy?

In the calendar year 2021, approximately $9 Billion was donated in real estate alone, and that is only a small fraction of all donations given to organizations nationwide. Real Estate giving is through various organizations, include Realty Gift Fund, which our guest talks about on this week's episode of The Crushing Debt Podcast.

Originally from Washington State, Cherie Buell relocated to the Tampa Bay area in 2006 and have become deeply rooted in the area as an accomplished Realtor holding multiple designations, including Accredited Buyer Representative, Seller Representative Specialist, Certified Luxury Home Marketing Specialist and the FIRST Charitable Real Estate Champion in Pinellas County.

Cherie and I discuss charitable gifting of real estate, what properties qualify, who are the Real Agents of Change, and how you can help benefit your favorite charitable organization.

You can reach Cherie at 727-266-6530, [email protected] or www.YourLuxuryHomeSold.com.

Let me know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

Are you a ghost in the public records? Do you need to be?

Do you get your asset protection advice from TikTok (any advice for that matter)?

Have you completed your business succession planning, or business estate planning?

On this week's episode of the Crushing Debt Podcast, George and Shawn welcome Jason Sampson, co-founder of Fortress Asset Protection, and founder of Venerable Law. Jason focuses on a wide array of business matters, from start-ups to business succession planning, and everything in between. Jason has been a practicing attorney for well over two decades. His focus is on building long term relationships with business owners to structure their business organizations for success.

You can contact Jason by email at [email protected] or visit his website at www.FortressAssetProtection.com.

You may recall Fortress's co-founder, and the owner of Mortellaro Law, Michelangelo Mortellaro as a guest on Episode 292 of the podcast talking about personal asset protection and estate planning. You can listen to that episode here: https://yesnerlawpodcast.libsyn.com/fortress-asset-protection-episode-292

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

When you think of balance, what does that mean to you?

Are you working your business, or is your business working you?

Does your business provide you with the life you desire?

How do you balance your business so you can have the life & health you want?

In this week's episode, George and Shawn provide practical tips on helping you to obtain balance, in your work and in your life, so that you can create whatever life you choose. The old saying "happy wife, happy life" can be expanded to "happy business, happy partner, happy life" (even though it doesn't rhyme).

Shawn is speaking and participating in the More Money, More Time, More Fun Summit which is all day (8 am - 5 pm) on December 9, 2022. There will be presentations, networking sessions and mastermind breakouts around these topics too! Tickets start at only $9. You can register at: https://bit.ly/MoreSummit

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

Do you have positive or negative feelings about money?

Do you know your "money type" - Amasser, Hoarder, High-Roller?

Are you in balance spiritually, financially and physically?

Are you able to navigate a money crisis?

This week, George and Shawn talk to Maggie Baker, PhD, a practicing psychologist for 30 years, who offers services for anxiety, depression, relationship issues, trauma, ADHD/ADD and money behavior issues. Dr. Baker works with individuals, couples and families as well as facilitate group psychotherapy.

Dr. Maggie's book, Crazy About Money Crazy helps readers identify the unconscious emotions and beliefs that usually come from childhood and drive money decisions as adults. It also shows readers how to change misguided attitudes that lead so many into money trouble.

You can contact Dr. Maggie at [email protected] or visit her website at www.MaggieBakerphd.com.

Let me know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

Do you feel overwhelmed at times?

Do you feel like you have too much on your plate?

Are you worried that you might let people down if you say no?

Shawn felt that way prior to recording this week's episode, which gave George a great opportunity to talk Shawn (as well as any other listeners) "off the ledge" and give us all permission to say "no" in a polite way, from time to time.

How easy is it for you to say "no?" We would love to get an email or comment from you on this topic.

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Let me know if you enjoy this episode and, if so, please share it with your friends!

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

How do you manage financial trauma?

What is financial trauma?

How does financial trauma present itself?

Is financial trauma a good thing or a bad thing?

In this week's episode, George and Shawn talk about financial trauma, abundance and scarcity mindset, how childhood impacts financial trauma, how financial trauma may present itself, and how to manage financial trauma so that it does not become crippling or cause someone to "bury their head in the sand."

Let me know if you enjoy this episode and, if so, please share it with your friends!

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

Have you felt the impact of inflation over the last six months? Over the last twelve?

If so, how has it impacted you?

What habits or behaviors have you changed because of inflation?

A few weeks ago, Shawn attended FinCon 2022, an annual seminar to help "personal finance content creators and brands create better content, reach their audience, and make more money." This year FinCon was in Orlando, and we could not pass up the opportunity to get additional education around personal finance topics and make some great connections in the space. Next year, it will be in New Orleans and you can find more information at www.FinConExpo.com.

One of the presentations Shawn attended described the different ways that individuals have felt the impact of inflation and how they are adjusting their budgets to battle inflation. For example:

• The increase in the cost of essentials - groceries, gas & utilities
• Shift in savings strategies
• Reducing participation in extracurricular activities
• Searching deals or discounts
• Downloading money-saving apps, and
• Avoiding big-ticket purchases

What are some of the things you're doing?

Please also visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Let me know if you enjoy this episode and, if so, please share it with your friends!

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

Things you tell your attorney are attorney-client privileged. As attorneys we cannot share confidential information with anyone. But what happens in bankruptcy court when financial information has to be disclosed to the trustee by one spouse, that was unknown by the other spouse?

In this week's episode, Shawn and George talk about stories relayed by different bankruptcy attorneys of when financial infidelity gets discovered, like:

• When one spouse gave the other money to make mortgage payments, but the spouse used that money instead for something else.
• When the engagement ring is fake but the receiving spouse didn't know that.
• When one spouse has been paying child support unknown by the other spouse.
• When one spouse has children by another relationship unknown by the other spouse.
• When one spouse tries to file bankruptcy for both, without telling the other spouse.

These stories all arise from a Facebook post in a group comprised only of bankruptcy attorneys. They are all true (or likely true) but are meant in the spirit of being funny. Still, we talk about these stories in terms of what they may mean to a couple trying to dig themselves out of debt and the consequences that may arise from "financial infidelity."

Please visit our sponsors:

• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
• Mark Purvis to help retirees who are looking for a fun and rewarding project by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.

Let me know if you enjoy this episode and, if so, please share it with your friends that might gain value out of listening!

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected].

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.